Benchmarks Decline; Nifty Hovers Near 25,100; IT Stocks Lead Losses

Overview Indian benchmark indices traded in the red on Thursday, pressured by the weekly expiry of Nifty 50 F&O contracts and prevailing global uncertainty. Market sentiment remained subdued as investors continued to evaluate the partial U.S.-China trade accord, which lacked comprehensive resolution and left room for potential tariff-related risks. Sensex Today | On the gainers' side,

, , , , , , and advanced. Conversely, major drags included , , , , , , and . In the prior trading session, both Sensex and Nifty closed higher, buoyed by strength in IT and oil & gas sectors. Key Market Highlights nosedived 10% after the Finance Ministry refuted market speculation around MDR (Merchant Discount Rate) charges. Gensol Engineering slipped 2% as the NCLT reserved its verdict in the ₹729 crore insolvency case. !MapMyIndia tumbled 9% following reports that PhonePe may offload a 5% stake through a block deal.